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Re: PB Mining -- 5 year mining contracts!
by
SFMiner
on 04/12/2014, 01:40:01 UTC
The weekly Payout on 10GH/s (on a very suspecious) Cloud mining.website was:

0.00066363



PBMining Payout 10 Gh/s was: 0.00075139


I have not done the numbers but what 10Gh/s should have been then?

Try to collect the data of CEX.io & AMhash payment of last week against 10Ghs as well Wink

wasn´t "never trust and IO website" one of the groundrules in cryptocurrency?

I think CEX has a heavy monthly fee on GH, so i expect it little lower when eating up big % roi ?

What are the data for them against 10 GH/s?

Any websites out there who are doing the maths for me for different cloud minign services? ^^ Where i can put in 1,10,100 GH/s whatever and it shows me actual payouts after fees, if any?

Your revenue will depend on your prediction of the change in difficulty.

Cloudminr gives you your expected profit for a year : for 50GHS : 0.10465 BTC
Cex.io gives you a simulation here https://cex.io/bitcoin-calculator

I'm not sure if they're saying it. But, if I consider that u r speaking the truth, then they are blatantly lying. It is impossible to predict 1 year return. There are so many unknown parameters out there... difficulty, mining variance, electricity cost, maintenance cost are to name a few...

If you go to the website, you will see they give you this result. It is obviously an estimation, I don't know the parameters but they had to set a certain maintenance fee and increase in difficulty. Electricity would be calculated in the maintenance costs (currently zero) and mining variance is just variance so wouldn't affect the calculated result.

If you use a profitability calculator like bitcoinwisdom, and work from an expected return of .10465 BTC/yr, with zero maintenance/electricity/hosting/etc, starting from today at 50 GH/S, the average difficulty increment would have to be 7.4% or less over the next year to achieve that ROI.  Before July I would have said that return was impossible, but given the latest difficulty drop, and the average difficulty increase since July, this is entirely possible.

That being said, I noticed a significant decrease to my PB Mining payment this week, whereas I would have expected a variance of less than 1% vs. the week ended Nov. 23rd, since the difficulty increased a few days into that week by 1.76%.

Overall, I would feel a lot more comfortable with my PB Mining investment if someone from the company would confirm that there was a payment variance this week for some reason.